Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Crisis causes 30-percent decline in book sales

Photo: BGNES

The decline of book sales in 2020 has reached 30 percent, according to a survery by the Bulgarian Book Association. More than half of respondents in the industry say April was the month with the lowest revenue, followed by May. During this period, the decline in sales was between 50% to 70%. 

Booksellers believe that the 9% VAT on books should become a permanent measure. A significant part of the respondents - 72%, say that they have only partially managed to resume their activities after the severe blow to the book business. 18% continue to experience great difficulties. 30% of bookstore owners have  been forced to lay off employees. 

64% of respondents say that they have seen a rise only in revenues from online sales, BGNES reported. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The town of Elena is hosting the Feast of the Elena meat delicacy

The town of Elena, Veliko Tarnovo region, will welcome thousands of guests for the Feast of the Elena pork leg meat delicacy . Balkan masters will demonstrate their culinary art on Saturday and Sunday, BNR correspondent Zdravka Maslyankova reported...

published on 11/9/24 7:45 AM
Photo: Bolgrad City Council/Facebook

An international festival for wine connoisseurs is opening in Bolgrad

The international wine festival "Bolgrad Wine Fest" is opening today in the unofficial capital of ethnic Bulgarians in Ukraine - Bolgrad. The two-day event will be held at the Center for Culture and Recreation.  For the first time, within the..

published on 11/9/24 5:05 AM
Photo: Bulgarian Antarctic Institute

A Bulgarian polar expedition will explore the Ice Continent for the 33rd time

The 33rd Bulgarian polar expedition is heading to Antarctica to continue its scientific research in cooperation with scientists from different countries. For the first time, travelers from two Balkan countries - Greece and Montenegro, as well as from..

published on 11/8/24 10:35 AM